State-run NTPC and Transformers and Electricals Kerala Ltd (TELK) on Saturday entered into a joint venture for manufacturing and maintenance of transformers.
National Thermal Power Corporation (NTPC) has signed a shareholders agreement with Transformers and Electricals Kerala (TELK) and the governement of Kerala for acquiring 44.6% stake in TELK. The government of Kerala and its undertakings hold 95.6% equity
